The National Company for Glass Industries produces and sells returnable and non-returnable glass bottles and float glass. The company operates through Riyadh Factory segment. It offers generic glass packaging for food and beverages; and plain bottles, jars, and custom products. The company was founded in 1990 and is based in Riyadh, Saudi Arabia.
National for Glass Industries Dividend Announcement
• National for Glass Industries announced a semi annually dividend of ر.س0.60 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-11 • National for Glass Industries annual dividend for 2024 was ر.س1.20 • National for Glass Industries annual dividend for 2023 was ر.س1.00 • National for Glass Industries's trailing twelve-month (TTM) dividend yield is 2.11% • National for Glass Industries's payout ratio for the trailing twelve months (TTM) is 35.93%
National for Glass Industries current trailing twelve-month (TTM) dividend yield is 2.11%. Interested in purchasing National for Glass Industries stock? Use our calculator to estimate your expected dividend yield:
National for Glass Industries Financial Ratios
P/E ratio18.54
PEG ratio-1.06
P/B ratio2.46
ROE13.62%
Payout ratio35.93%
Current ratio1.70
Quick ratio1.29
Cash Ratio0.39
National for Glass Industries Dividend FAQ
How much is the next National for Glass Industries dividend?
National for Glass Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next National for Glass Industries dividend. The next National for Glass Industries dividend will be released in February, or August.
When is National for Glass Industries dividend paid?
National for Glass Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does National for Glass Industries pay?
The specific amount of National for Glass Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find National for Glass Industries's dividend history.
Does National for Glass Industries stock pay dividends?
Yes, National for Glass Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find National for Glass Industries's dividend history.
How much dividend does National for Glass Industries pay?
National for Glass Industries paid ر.س1.2 in 2024, ر.س1.0 in 2023, ر.س1.0 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does National for Glass Industries pay dividends?
National for Glass Industries typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and August.
What is National for Glass Industries's dividend yield?
The current dividend yield for National for Glass Industries is 2.11%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate National for Glass Industries's exact dividend yield.
When does National for Glass Industries go ex dividend?
National for Glass Industries's ex-dividend date for the latest dividend was on 2024-08-11. National for Glass Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next National for Glass Industries dividend paid?
National for Glass Industries pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will National for Glass Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether National for Glass Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is National for Glass Industries dividend per share?
National for Glass Industries paid ر.س1.2 per share in 2024 and ر.س1.0 per share in 2023. The amount of dividend per share that National for Glass Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is National for Glass Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is National for Glass Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is National for Glass Industries a dividend stock?
Yes, National for Glass Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is National for Glass Industries a good dividend stock?
Whether National for Glass Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. National for Glass Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating National for Glass Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does National for Glass Industries pay dividends monthly?
National for Glass Industries typically pays dividends on a semi annually basis.
Does National for Glass Industries pay dividends quarterly?
National for Glass Industries currently pays dividends on a semi annually basis.
Has National for Glass Industries ever paid a dividend?
Yes, National for Glass Industries has a history of paying dividends to its shareholders. National for Glass Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy National for Glass Industries dividend stocks?
To buy National for Glass Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy National for Glass Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does National for Glass Industries pay dividends 2024?
National for Glass Industries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will National for Glass Industries increase its dividend in 2024?
Decisions regarding National for Glass Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date National for Glass Industries dividend overview you can look into the above table of dividend history.
How National for Glass Industries dividend works?
The National for Glass Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how National for Glass Industries's dividend process works:
1. Determination of Dividend: National for Glass Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, National for Glass Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, National for Glass Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from National for Glass Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are National for Glass Industries dividends paid?
National for Glass Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: National for Glass Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, National for Glass Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: National for Glass Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does National for Glass Industries pay dividends?
National for Glass Industries typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does National for Glass Industries pay dividends?
The general pattern is that National for Glass Industries pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is National for Glass Industries dividend safe?
The safety of National for Glass Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of National for Glass Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review National for Glass Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.